#4 Best Private Colleges in Tennessee

Union University Tuition & Cost

Jackson, Tennessee

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How much does it cost to attend?

Sticker Price
Costs for Union University
Fee Cost
Books and Supplies$1,600
Other Fees$1,100
Room and Board $10,400
Other Expenses Budget$9,240

Annual Prices

The annual list price to attend Union University on a full time basis for 2018/2019 is $54,990 for all students regardless of their residency. This fee is comprised of $32,650 for tuition, $10,400 room and board, $1,600 for books and supplies and $1,100 for other fees. Out of state tuition for Union University is $32,650, the same as Tennessee residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Union University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income Union University
Family Income Net Price Paid
$0 to $30,000$26,079
$30,001 to $48,000$27,004
$48,001 to $75,000$25,952
$75,001 to $110,000$29,336

The average reported annual net price for Union University for students receiving grants or scholarship aid was $31,980 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Costs for Similar Colleges

Financial Aid

100% of full-time undergrad Union University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $21,077 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 92% of students received Federal Student Loans averaging $5,921 and 5% of undergrads took out private student loans averaging $16,459.

Finanical Aid Union University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $21,077 100%
Institutional Grants and Scholarships $16,059 100%
Pell Grants $4,486 34%
Other Federal Grants $2,000 13%
State and Local Grants $5,187 63%
Federal Student Loans $5,921 92%
Other Student Loans $16,459 5%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Union University, we've modeled a ten year student loan with an original principal value of $94,908. The loan balance of $94,908 is a four year multiple of the $23,727 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $906 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $94,908
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $905.53
Total Interest Paid $13,755.24
Sum of All Loan Payments $108,663.24

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $54,990
2 $57,088
3 $59,265
4 $61,526

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Union University to be $219,960 - assuming graduation in normal time. The estimation assumes a 3.8% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Union University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,050 $3,150 $4,200

Estimated cost for a class at Union University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Union University versus other colleges.

Tuition Payment Plans Available

Union University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=221971 IPEDS survey data for Union University.